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Brick Two-Family in East New York

11 MILFORD STREET Brooklyn, NY 11208

11 MILFORD STREET, Brooklyn, NY, 11208
$925,000
For Sale
$925,000

MULTI_FAMILY - Other - BROOKLYN, NY

Property Size1,792 SF
Lot Size0.04 Acres
Price / SF$516.18
Days on Market32

Property Features for 11 MILFORD STREET

General Information

Property type
Residential Multi Family
Property subtype
Other
Bedrooms
4
Bathrooms
3
Rooms
Bedroom 2, Bathroom 1, Bedroom 3, Bathroom 2, Bedroom 1, Bathroom 3, Bedroom 4
Standard status
Active
Lot size
0.04 Acres

Utilities

Heating system
Steam

Building Details

Year built
1899
Floors in Building
2
Flooring type
Hardwood, Tile
Architectural style
Other
Listing Agency SHAHID HAKEEM AMID
420 CARLTON AVE APT 1, BROOKLYN, NY
Listed by Hakeem Shahid
Added: Jun 17 Checked: Jul 18 at 6:06 am
MLS# 11833491 Listing URL

Copyright © 2026 My State MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.


Investment Insights

Based on property information with market context.

Sold as-is and delivered vacant, this 2-story, brick two-family building was built in 1899 and offers two separate residential floors plus a basement. The building includes 7 rooms and 3 baths overall, with hardwood flooring and six closets noted in the provided information.

The second (top) floor is configured with two bedrooms, one bath, a kitchen, and a living room. The first (entry) floor is similarly laid out with two bedrooms, one bath, a kitchen, and a living room. A basement is also included.

The property is located on Milford Street in East New York, between Atlantic Avenue and Liberty Avenue, within an R5B zoning district. Transportation is described as being served by the A/C/J/Z trains, and the listing notes proximity to local retail options such as bars, cafes, supermarkets, lounges, restaurants, and entertainment.

Key Highlights

  • 2‑story 2‑family building (B1) built in 1899 with brick construction in Brooklyn’s East New York
  • Layout includes two 2BR/1‑bath units: 2nd (top) floor and 1st (entry) floor, each with kitchen and living room
  • Three baths total; 7 rooms and 6 closets

Local Financial Insights For Multifamily LT 5

Simulate Cap Rate and NOI

NOI Build-Up
Vacancy
income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
EGI (Effective Gross Income)
gross rent minus vacancy losses — the realistic income before paying operating costs.
OpEx (Operating Expenses)
recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
NOI (Net Operating Income)
income a property generates after operating costs but before financing and taxes.

Component $ $/SF
Gross rent $68.8k $38.40
− Vacancy −$3.1k −$1.73
EGI $65.7k $36.67
− OpEx −$19.7k −$11.00
NOI $46.0k $25.67
1,792 SF · lease $38.40/SF/yr · vacancy 4.50% · expense 30.00%

Alternative Uses

Best Use
Multifamily LT 5
$657.2K
$575.0K – $766.7K (±1% cap)
NOI $46,001 @ 7.0% cap · market cap 4.97%
Second Best
Apartment 5plus
$585.1K
$512.0K – $682.7K (±1% cap)
NOI $40,960 @ 7.0% cap · market cap 4.43%
Theoretical Best
Office A
$1.10M
$959.4K – $1.28M (±1% cap)
NOI $76,754 @ 7.0% cap · market cap 8.30%
Zoning and permitted uses should be independently verified with local authorities.

Property Analytics

Property Profile Location Intelligence

Current Use by Public Records

Triple Beem Auto Repair Shop

Suggested Use

Law Firm Real Estate Agency Dental Office Parking Lot & Garage Gym & Fitness Center Skin Care Clinic Cafe & Coffee Shop Acupuncture Bar & Pub Veterinary Clinic

Zoning and permitted uses should be independently verified with local authorities.

FAQs

What type of property is this?
Duplex - Vacant two-family brick building with two 2-bedroom, 1-bath units and a basement, built in 1899.
Where is this duplex located?
The property is located at 11 MILFORD STREET Brooklyn, NY.
What is the asking price?
The asking price for this property is $925,000.
What are key features of this property?
This property features: 2‑story 2‑family building (B1) built in 1899 with brick construction in Brooklyn’s East New York; Layout includes two 2BR/1‑bath units: 2nd (top) floor and 1st (entry) floor, each with kitchen and living room; Three baths total; 7 rooms and 6 closets
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